BOV INSURANCE
Protect your home loan
Get peace of mind that your home loan will be taken care of.
Get your outstanding home loan paid off in full
Ensure your outstanding home loan is paid in full with a one-time payment provided after your death.
Get your outstanding home loan paid off in full
Ensure your outstanding home loan is paid in full with a one-time payment provided after your death.
Cover your funeral costs
Have up to €2,500 in funeral expenses covered, in the form of partial pre-payment of the death benefit.
Cover your funeral costs
Have up to €2,500 in funeral expenses covered, in the form of partial pre-payment of the death benefit.
Add additional benefits to your plan
Add more benefits to your plan, including the accidental death benefit and the waiver of premium benefit, for an additional fee.
Add additional benefits to your plan
Add more benefits to your plan, including the accidental death benefit and the waiver of premium benefit, for an additional fee.
Insurance details
What does this insurance include?
Discover the details and benefits of the MAPFRE MSV Life Loan Protection Plan.
Premiums start at €4 monthly or €48 annually.
Terms range from a minimum of 5 years to a maximum of 57 years and the person covered cannot be older than 75 when the plan ends.
Opt for single life or joint life first death cover.
Full payout of outstanding home loan balance.
Are there any additional benefits I can add?
Learn about the additional benefits you can add for an additional premium.
Accidental death benefit: Payment of an additional amount equal to the initial death benefit will be made in the event of accidental death.
Permanent Total Disability (including Waiver of Premium): Payment of the Death Benefit Sum Insured may be considered in the event that You are unable to work because of an accident or illness.
Critical Illness Benefit - Payment is made if a Person Covered is diagnosed with a critical illness defined under the Plan. This is available only in the case of single life policies. Any optional additional benefits selected will cease once the Person Covered reaches the age of 65.
You may wish to refer to the product documentation available in the Important Documents section hereunder or obtain a copy from any BOV Branch upon request.
DOWNLOADABLE RESOURCES
Important documents
Protect your loved ones with the MAPFRE MSV Life Protection Plan
Bank of Valletta p.l.c. is an enrolled Tied Insurance Intermediary under the Insurance Distribution Act, Cap. 487 of the Laws of Malta for MAPFRE MSV Life p.l.c. (MMSV). MMSV is authorised under the Insurance Business Act, Cap. 403 of the Laws of Malta. Both entities are regulated by the Malta Financial Services Authority.
The product is manufactured by MAPFRE MSV Life and is distributed by Bank of Valletta p.l.c
The product is manufactured by MAPFRE MSV Life and is distributed by Bank of Valletta p.l.c